return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 11 months agoAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.comexternal-linkmessage-square11fedilinkarrow-up1124arrow-down13cross-posted to: [email protected]
arrow-up1121arrow-down1external-linkAmerican Debt: The typical American household is now paying a record $1,583 a month in various loanswww.cbsnews.comreturn2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 11 months agomessage-square11fedilinkcross-posted to: [email protected]
minus-squarePatcheslinkfedilinkarrow-up11·11 months ago Why do banks loan money to people who can’t afford the thing in the first place? We are so doomed. It’s elementary my dear Watson. When the house of cards fall. It is not the bank who picks up the check but the government.
It’s elementary my dear Watson. When the house of cards fall. It is not the bank who picks up the check but the government.